1,045 Shares in Quanta Services, Inc. $PWR Purchased by Ethos Financial Group LLC

Ethos Financial Group LLC purchased a new position in shares of Quanta Services, Inc. (NYSE:PWR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,045 shares of the construction company’s stock, valued at approximately $441,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of Quanta Services during the second quarter worth about $26,000. Activest Wealth Management grew its holdings in shares of Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after buying an additional 32 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Quanta Services by 213.0% during the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock worth $30,000 after buying an additional 49 shares during the last quarter. GPS Wealth Strategies Group LLC purchased a new position in shares of Quanta Services during the third quarter worth about $38,000. Finally, Guerra Advisors Inc purchased a new position in shares of Quanta Services during the third quarter worth about $38,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services Price Performance

PWR stock opened at $554.42 on Tuesday. The firm has a 50 day moving average of $540.25 and a 200-day moving average of $473.86. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $583.73. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. The company has a market cap of $82.95 billion, a price-to-earnings ratio of 81.53, a PEG ratio of 2.55 and a beta of 1.10.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same period last year, the firm earned $2.94 EPS. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, equities analysts expect that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.

Quanta Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is presently 6.47%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on PWR shares. Stifel Nicolaus set a $647.00 price objective on shares of Quanta Services in a research report on Monday, February 23rd. The Goldman Sachs Group raised their price objective on shares of Quanta Services from $495.00 to $685.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Bank of America raised their price objective on shares of Quanta Services from $500.00 to $610.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Cantor Fitzgerald raised their price objective on shares of Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Finally, TD Cowen raised their price objective on shares of Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Eighteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Quanta Services has an average rating of “Moderate Buy” and an average target price of $593.23.

Quanta Services Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.